NEW YORK/WAM BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and MGX on Tuesday announced that NVIDIA and xAI will join the Global AI Infrastructure Investment Partnership, now named the AI Infrastructure Partnership (AIP), further strengthening the partnership’s technology leadership as the platform seeks to invest in new and expanded AI infrastructure. NVIDIA will also continue in its ...

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, issued Executive Council Resolution No. (13) of 2025, regarding the formation of the Data and Statistics Committee in the Emirate of Dubai. As per the Resolution, the Committee will be chaired by the Director General of ...

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken following the US Federal Reserve’s announcement on Wednesday to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE has also decided to maintain the interest rate applicable to borrowing ...